ahhh..... how could anyone see a bubble when they're in a bubble themselves? A p/e ratio of over 160.
This is a WEEKLY chart of NFLX. Did you realize that Netflix was in a range? You may not have if you didn't step back and look at a Weekly (or longer) chart. It is amazing to me how things seem so much clearer when you step back and look at the big picture. NFLX has been in this range since late 2013. Since then, when the stock comes down to the $320 area, it...
#NFLX #NETFLIX Short Idea (Head & Shoulders/Triple Top) Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
NFLX continued trying to recover from its Monday plunge yesterday, but my expectation continues to be that NFLX resume its downward trend once this current bottoming attempt tires out. NFLX is currently struggling to stay above the steeper of the two uptrend lines drawn, with increasing downward momentum likely dragging NFLX towards the more prominent longer term...
High-beta names feels a bit heavy at this point after a big run since mid of May. In Netflix, after it borke up bear chanel, it had a nice and clear move following the 8-day EMA from $350 to $475. It failed to hold above previous high $458. Right Shoulder was re-test of this resistance that is still in tact. Entry Short on break of neckline around $433-$434 could...
Although I am long this stock, I am a bit bearish with my view. First off, the price seems to be too much above the cloud right now. There is much more downside than upside. If it holds, then eventually it will find support - but it definitely does need to consolidate a little for this momentum to be healthy. Also I read about some insider sells which gives me...
This stock is poised to go higher, it is moving well without nasdaq on it's own news of price increase and also more content...think it could run, but NAS move up would help....I keep risk to 20% on options and expect 40% gain or more...timeframe is by August move with Sept options